Tag: prime
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BlackRock’s Multi-Million Dollar Crypto Deposits to Coinbase Prime and Binance Signal Institutional Redemption Management Amidst Market Pressure
BlackRock, the world’s largest asset manager, has recently executed significant transfers of Bitcoin (BTC) and Ethereum (ETH) to major cryptocurrency exchanges, a move widely interpreted by on-chain analysts as indicative of institutional redemption activity rather than strategic accumulation. The transfers include approximately 2,402 BTC, valued at $151.4 million, and 12,679 ETH, worth an estimated $21.06…
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